News Details

Barwa signed refinancing agreements with a Qatari local bank

23/05/2016

Barwa Real Estate Group announced the signing of financing agreements with a local Qatari bank worth USD 1,132.4 million (c. QR 4,123.6 million) for a term of nine years. These agreements aim to refinance existing financing liabilities of the Group.With the signing of these agreements, Barwa Group will have completed the refinancing of all its financing liabilities for new periods in line with the Group’s strategy to strengthen its overall financial position.Barwa also confirms the absence of any conflict of interest between the parties involved in these agreements.​